HealthStream, Inc. (HSTM)

Several events have influenced HealthStream's stock price over the past six months. HealthStream reported its Q2 2025 earnings on August 4, 2025, exceeding analysts' estimates for both EPS and revenue, and announced its Q4 and full-year 2024 results on February 24, 2025, showing increases in revenues, operating income, net income, and EPS compared to the prior year. A quarterly dividend of $0.031 per share was paid on August 29, 2025, representing a 10.7% increase. Analyst ratings saw Canaccord Genuity Group decreasing its price target to $28.00 with a "hold" rating, and Weiss Ratings reaffirmed a "hold (c)" rating. Institutional ownership changes included Allianz Asset Management GmbH significantly reducing its holdings, while Public Employees Retirement System of Ohio and PNC Financial Services Group Inc. increased their holdings. HealthStream announced a share repurchase program of up to $25 million on May 8, 2025, which was completed in July 2025. In November 2024, HealthStream completed the acquisitions of Total Clinical Placement System and The Clinical Hub, Inc. In March 2025, HealthStream announced it would sublease a portion of its Nashville office space, and executive leadership promotions were made in February 2025.

HealthStream's revenue is primarily derived from subscription services, which constituted approximately 96.7% of its total revenue in Q2 2025 and 96.12% for the full year 2024. The company has shown consistent quarterly revenue, suggesting that the demand for HealthStream's products and services is generally consistent throughout the year, rather than exhibiting strong seasonality.

HealthStream, Inc. is a healthcare technology company providing SaaS applications to healthcare organizations in the United States, operating in the Health Information Services and Computer Software industries. The company's core business focuses on workforce development, training, talent management, credentialing, and patient experience solutions for the healthcare industry, powered by its hStream platform. Its major products and services include Learning & Performance solutions like the HealthStream Learning Center (HLC) and Competency Suite, Quality & Compliance solutions like SafetyQ & ComplyQ, Provider Solutions like CredentialStream, Workforce Engagement solutions like ShiftWizard, and other offerings such as resuscitation solutions, revenue cycle education, clinical development, and patient engagement solutions.

HealthStream primarily serves healthcare organizations in the United States and is headquartered in Nashville, Tennessee. Through acquisitions, HealthStream has expanded its geographic coverage in Tennessee, surrounding states, and Oklahoma, particularly in clinical rotation management.

HealthStream has maintained a strong brand reputation in the past year, particularly in the healthcare software space. In February 2025, G2 ranked HealthStream's Learning Center as the #1 among the 50 Best Healthcare Software Products, with CredentialStream ranked #5 and SafetyQ & ComplyQ secured the #46 spot. HealthStream was also recognized with the #1 spot in G2's "2025 Best Software in Healthcare" list.

HealthStream, Inc. has significant institutional ownership, with 69.58% to 74.47% of the stock owned by institutional investors including BlackRock, Inc., The Vanguard Group, Inc., and Dimensional Fund Advisors L.P. The largest individual shareholder is Robert A. Frist Jr., who holds 20.39% of the shares.